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Nov 4, 2012 7:30am EST
. the political rhetoric on what business owners need is heeding, but what exactly will president obama and governor romney do to help? president obama has cut taxes or extended small tax cuts for businesses 18 times. a number of those breaks have expired. he's also cut payroll tax cuts and cut the corporate tax rate from the current 35. governor romney wants to lower the corporate tax rate to 25% and wants to eliminate the corporate alternative minimum tax. >> 54% of america's workers work in businesses taxed not as the corporate tax rate but at the individual tax rate. and if we lower that rate, they will be able to hire more people. >> under my plan 97% of small businesses would not see their income taxes go up. >> the most contentious agreement is over the bush-era tax cuts. romney wants to extend them for all americans obama doesn't want to extend the bush tax cuts for those making over $250,000 a year, claiming only 3% of small business owners will be affected. romney says it would impact over a million small businesses and affect hiring. >> there was a survey done of small busine
Nov 18, 2012 7:30am EST
of my favorites. so thank you very much. >> that was president barack obama in thailand, and now "your business." hi there, everyone. welcome to a very special edition of "your business." it comes in between black friday and cyber monday. this year small business saturday is november 24th. we're coming to you from maplewood, new jersey. a storm battered states where small businesses need customers more than ever. across the country in burbank, california -- park section of that city, local retailers have banded together to revitalize not only sales but also their neighborhood. normally the stores would be closing and the streets would be quiet. they call it ladies night out where people are coming out to celebrate and support the unique companies. i like to help. it makes me feel like i'm a part of the community. bhu the park wasn't always like this. just a couple of years ago the area known as antique alley was a ghost town. there was no extra money. they came up with the simple idea of staying up late one friday every month to have a party for the customers. >> kathy said what do we
Search Results 0 to 1 of about 2